INVARIANTS OF VECTOR DISTRIBUTIONS OF CORANK 2 Bronislaw Jakubczyk Stefan Banach International Mathematical Center,Warsaw, Poland We shall discuss equivariants and invariants of vector distributions D ⊂ T M of corank 2 on even-dimensional manifolds. We shall assign, to a given distribution D, a field of characteristic lines in the annihilator D⊥ , as well as a field of characteristic lines in D. These fields have canonical normalizations, which yield fields of normalized characteristic 1-forms and normalized characteristic vector fields. The equivalence problem for such distributions is reduced to equivalence of tuples of differential 1-forms or tuples of vector fields. We give explicit criteria for equivalence of generic distributions. In particular, we construct explicitely functional invariants. 1